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Will China become the global leader on climate change?

Overview

Climate change has become a key concern for China in recent years, as evidenced by its pledge to reduce carbon emissions per unit of GDP by 60% from 2015 levels by 2030. As we have previously written, it has also become a leader in the emerging field of green finance, and the world leader in installing renewable energy capacity. Moreover, climate change has become one of the few areas in which China has taken an active role on the international stage, promoting green finance at the G20 summit in Hangzhou last year, and joining the United States in championing the Paris Agreement.